FAW eyes AI push with establishment of new subsidiary

China's leading auto maker FAW Group established FAW (Nanjing) Technology Development Co., Ltd. On April 9, with a registered capital of 50 million yuan, according to data from Tianyancha.

Chinese 'Rolls-Royce' Hongqi H9 arrives at retail stores

Hongqi H9, dubbed as Chinese "Rolls-Royce", has already arrived in retail stores, according to Tencent News.

Lixiang ONE becomes bestselling PHEV in China in March

In March this year, Lixiang ONE saw shipments of 1,475 units, surpassing the BMW 5 Series PHEV (1,432 units) for the first time and ranking first in the sales of plug-in hybrid models, according to the latest motor vehicle insurance data.

GAC Nio releases first car HYCAN 007 with a maximum range of 643km

On April 10, its two-year anniversary of establishment, GAC Nio's first pure electric SUV HYCAN 007 was launched and began to accept reservations and make deliveries.

Tesla says it will not cut salaries of Chinese employees

Tesla China said today that its global vice president and director level employees will make voluntary salary reductions which are consistent with the US headquarters that see salary reductions of 30% and 20% respectively.

Chinese EV maker Li Auto says it has delivered more than 4,500 Li ONE

As of April 9, more than 4,500 units of Li ONE has been delivered to users, Chinese electric vehicle maker Li Auto said today.

Tesla launches financial plan to lure Chinese buyers

Tesla China launched a series of time-limited financial preferential schemes on April 10 to further reduce the threshold for Chinese consumers to purchase.

Tesla China releases long-range Model 3 for RMB 339,050

Tesla China today released the long-range rear-wheel-drive version of the China-made Model 3, which will be priced at RMB 339,050 ($45,845) after subsidy and has a range of 668 kilometers.

Cars supporting Huawei Hicar may be released this year

The car models supporting Huawei Hicar have been basically determined, and are currently in the final commissioning stage, which is expected to be launched on the market this year, Tencent News quoted people familiar with the matter as saying.

Tesla sold 10,160 cars in China in March

Tesla sold 10,160 cars in China in March, according to data released by the China Passenger Car Association on Thursday.
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